Saturday, June 3, 2023

A company that makes more money than Google, Microsoft and Meta with AI

Newsroom/Telecinco publication 05/26/2023 11:04 am

The company that makes more money than Google, Microsoft and Meta artificial intelligence: Nvidia, in Santa Clara, California (USA) Google

Perhaps only a few people know the name of the company Nvidia, but this American company is changing the technological world. Its work with artificial intelligence sets trends, but it is not the only work. They are the leaders of the engineering technologies that underpin AI products, as well as social networking tools like ChatGPT.

Without the work of Nvidia Corporation, the AI ​​systems that everyone is talking about now would not be possible. That led the Californian software and gaming company to make bigger profits from artificial intelligence than Microsoft, Google or Meta, which led to a huge corporate market share – potentially worth more than $165 billion. There is some tension according to the media as ‘Investors’.

Nvidia, in charge of the brain of the AI ​​system

Nvidia, based in the city of Santa Clara, is becoming a true benchmark. Its employees are in charge of designing several semiconductors that act as the axis of artificial systems or the brain – intelligence.

Its graphic cards, for which the company has made a name for itself for many years, are the key to configuring Latin language models, such as those used by ChatGPT, among others: without them it would be more expensive and slower.

Nvidia Headquarters in Santa Clara, CaliforniaGoogle

World leaders in AI hardware and software

{{ #cards }} {{#section.link.href}}{section.link.title}}{/section.link.href}}

{{title.data}}

{{ /cards }}

Nvidia has no competition in developing chips for deep AI and machine learning (it has about 95% of the GPU market). Today, they are the world leaders in AI hardware and software, the foundation upon which the companies’ technology ambitions rest.

The result of these benefits rose in the market of the company this Thursday (over 25%). They registered a loss of 190,000 million dollars during the trading session, the second largest decline for a US company in a single day.

Nvidia launched a program in April to help developers create AI models with correct and safe answersNoelia Murillo

Nvidia, to the level of Google, Amazon or Microsoft

Nvidia’s revenue is approximately $945 billion. We are talking about the fifth most valuable company in the United States and the sixth in the world. It can already be said that it is a technological giant. An improvement in earnings has been recorded over the last few months, especially in the reports of the quarter that ended in April.

If it exceeds $1 billion in value, they will be able to say that they are already ‘sitting at the table’ from Alphabet (Google), Amazon, Apple, Microsoft and Saudi Aramco. The selected group that achieves a capitalization of “trillion” dollars (in short, a numerical scale, used in the US, which is equivalent to our trillion). For now they are ahead in the development of chips that are key to systems that are making such an impact in the world.

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com/
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news

LEAVE A REPLY

Please enter your comment!
Please enter your name here